ES Journal Archive (2011)

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Quote from bigsnack:

IT looks like they are just pausing to give shorts a reason to get back in and then BOOM.

Exactly.

Can`t believe I was long at 73,50 and got out for 0,25.

I really missed the boat today, but I can only laugh about it now. :)

SPX up 4,0%. :p
 
Quote from Laissez Faire:

Exactly.

Can`t believe I was long at 73,50 and got out for 0,25.

I really missed the boat today, but I can only laugh about it now. :)

SPX up 4,0%. :p

Traders here generally don't do this..:p
 
89 was the low of 28th of July, so it was probably not random that we reversed off there for now.

Why did I not have that level prepared in advance? Guess I was not expecting that when I was doing my preparations yesterday and the market had just closed at 38.25. :)
 
Quote from Laissez Faire:

89 was the low of 28th of July, so it was probably not random that we reversed off there for now.

Why did I not have that level prepared in advance? Guess I was not expecting that when I was doing my preparations yesterday and the market had just closed at 38.25. :)

I had a zone from 87 to 90 on my chart marked based on my 240m profile, but honestly I need some kind of confirmation here, it's just an unbelievably strong day... I wanted to short 88 but really what evidence do I have? Volume signals short there, but I need more than that to fight this monster!
 
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